≡ Menu

Ford First Time Buyer Program

first-time-buyers

Ford of Canada will match the eligible customer’s vehicle down payment (up to a maximum of $500) when they purchase, lease or factory-order an eligible new Focus or Fiesta during the program period.

Incentive: Ford of Canada will provide a cash incentive equalling the eligible customer’s vehicle down payment (up to a maximum of $500).

The customer may use the offer as a down payment or choose to receive a rebate cheque from Ford of Canada.

Eligible customers may only redeem this offer once, on a maximum of one vehicle purchase.

Canadian residents that are purchasing a vehicle for the first time will be eligible, providing all of the following stipulations are met:

  • The customer has a Ford Credit Tier 0, Tier 1, Tier 2 or Tier 3 credit score
  • The customer has confirmed they have no previous automotive financing history
  • The customer has confirmed they have no derogatory credit
  • The customer has verified full-time employment (minimum of 6 months)
  • The customer has verified income sufficient to meet ordinary living expenses
  • The customer has verified maximum vehicle payment-to-income (including add-ons) of 15%
  • The customer has verified maximum total debt-to-income of 50% (debt calculation including rent)
  • The customer has a verified driver’s license
  • The customer has purchased all required insurance to operate the vehicle prior to delivery
  • The vehicle must be purchased or leased and registered in the name of the First Time Buyer (non-transferable).

The eligible vehicles are as follows:

  • 2015-Model Focus and Fiesta
  • 2016-Model Focus and Fiesta
  • 2017-Model Focus and Fiesta

Comments

comments

live chat software